Caleigh perelman
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Ronald O. Perelman owns and operates a diverse array of businesses as Chairman and CEO of MacAndrews & Forbes Incorporated. MacAndrews & Forbes' businesses span a wide range of industries, from global leaders in consumer marketing and payment systems, cosmetics and digital entertainment, to biotechnology and military equipment. The principal interests of MacAndrews & Forbes include in AM General, Deluxe Entertainment, Harland Clarke, Merisant, RetailMeNot, Revlon, Scantron, Scientific Games, SIGA Technologies, Valassis, and vTv Therapeutics. Over the past four decades, Mr. Perelman has become known as an accomplished industrialist and generous philanthropist. He is recognized as an innovative leader and a major supporter of many of the United States’ most prominent cultural, educational and medical institutions.
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Perelman, Ronald Owen
(1943-)
Revlon Group, MacAndrews
& Forbes
Overview
Ronald Perelman is in the business of creating wealth. He buys undervalued companies, focuses on their core products, sells off unprofitable operations, and uses the remaining assets and improving cash flow to buy more ailing companies. In 1988 Perelman joined the ranks of the nation's foremost takeover giants after securing control of Revlon, one of the world's best-known cosmetic firms. The worth of Perelman's financial empire is in constant flux, but at times has been as high as $7 billion. His personal worth is estimated by Business Week to be close to $5 billion. The cigar-smoking Perelman, who would prefer to remain unrecognized, inconspicuous, and generally forgotten about, has fought a losing battle in his efforts to remain out of the public spotlight. He has been ranked several times as among the top five richest men in the world.
Personal Life
Ronald Perelman was born in Greensboro, North Carolina in 1943, the first of two sons of Raymond and Faith Perelman. His father, the son of a Lith
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Ronald Perelman
American billionaire businessman and investor
Not to be confused with Ron Perlman.
Ronald Owen Perelman (; born January 1, 1943)[1] is an American banker, businessman, investor, and philanthropist.[2]MacAndrews & Forbes Incorporated,[3] his company, has invested in companies with interests in groceries, cigars, licorice, makeup, cars, photography, television, camping supplies, security, gaming, jewelry, banks, and comic book publishing. Perelman holds significant shares in companies such as Deluxe Entertainment, Revlon,[4]SIGA Technologies,[5][6]RetailMeNot, Merisant, Scantron, Scientific Games Corporation,[8]Valassis, vTv Therapeutics[9] and Harland Clarke.[10] He previously owned a majority of shares in AM General, but in 2020 sold the majority of his shares in AM General along with significant works of art, in light of the impact of the economy on the high debt burdens many of his companies have from leveraged buyouts. In early 2020, Revlon, acquired by Perelman
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